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January 2003 Issue #1
Monday, January 06, 2003
Contact: Rich Hickman
January 2003 / Issue #1
Florida High Tech Corridor's research study shows impact of high tech employment in Florida to be nearly $17 billion in wages in 2000: Comparing total wages for tourism of $9.582 billion to high tech's total wages of $16.829 billion, Florida's high tech industry generates nearly twice the economic impact of the state's tourism industry, according to a study just released by the Florida High Tech Corridor Council and conducted by Real Estate Research Consultants of Orlando who are exclusively responsible for this analysis and interpretation. The study shows average annual wages per tourism job to be $25,600 and per high tech job, are $52,400. Statewide, total public marketing and support expenditures per tourism employee in 2000 were $319 and per high tech employee, were $103. The increase in overall public marketing and support expenditures per job, 1995 vs. 2000, was $842 in tourism and $92 in high tech. In 2000, total statewide tourism employment was 374,000, while high tech companies employed 321,0000. In addition to the Florida High Tech Corridor Council, this survey was conducted with the support of the Florida Economic Development Council, Economic Development Commission of Mid-Florida, University of Central Florida, Tampa Bay Partnership and Enterprise Florida. For information, call (727) 464-7332.
$300,000 saved annually by Pinellas business through use of Foreign Trade Zone (FTZ-193): RP Scherer has just reported a $300,000 duty savings through business in the trade zone FTZ-193, for the second consecutive year. A like annual savings of nearly $3 million was realized by one of RP Scherer's suppliers, who also benefited by conducting business through the Pinellas Foreign Trade Zone. As one of the county's largest employers, with 1,000 employees, RP Scherer used the tax advantage to increase its job growth and improve employee benefits. Your company may qualify for FTZ-193 advantages. Learn more now. For information, call (727) 464-7423.
Coming soon. Watch for new website Networking Directory feature: If you're one of the 1,300 plus Pinellas Networking Directory members, available online at www.siliconbay.org, you'll soon be able to search the directory for your special business needs and products. Pinellas County Economic Development's award-winning website will let directory members circulate product or service needs among all members to facilitate more efficient business operations, solve problems and educate one another regarding the full range of each company's business services, procedures and products. Not a member? We encourage you to register online for this free service. For information, call (727) 464-7342.
Pinellas County Purchasing wants to be your business partner: Responding to the challenge of economic development, the Pinellas Purchasing Department is reaching out to county businesses with the theme - "Pinellas County Wants You as a Business Partner." A brochure outlines the "five easy steps to do business with Pinellas County." Learn how easy it is to become a qualified Pinellas County vendor. Call the Purchasing Assistance Line (PAL) for information, (727) 464-4466, or visit online at www.pinellascounty.org/purchase.
Remember Good Business Pinellas TV and Radio: Good Business Pinellas TV airs weeknights at 7 p.m. on St. Petersburg College TV Channel 19 and at various times on Pinellas 18 and Channels 15 and 35 in St. Petersburg and Clearwater. Also, listen to Good Business Pinellas Radio, WHNZ 1250 AM, at 1 p.m., every Wednesday, and anytime - 24/7 - on www.siliconbay.org. For information, call (727) 464-7498.
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